Category Archives: Syndicated
Ackman’s Pershing Square Gains 2.7% in July; YTD Loss Cut to -19%
(FINalternatives) Bill Ackman’s Pershing Square Holdings, the public version of his Pershing Square LP hedge fund, posted a net return of 2.7% in July, trimming its year-to-date net loss to -19%, according to a performance update released by the firm. […]
Ex-Barclays Fixed Income Head Builds Commodity Hedge Fund
(Risk.Net) Aurelia Lamorre-Cargill admits that commodities have not been “the favourite place for investors in the last few years”. Still, she is the co-founder and chief executive of Argon Capital Management, a new hedge fund management firm that will focus […]
Hedge Funds Call Time on Longest Bullish Spree in Softs Since 2007
(Agrimoney) Hedge funds called time on boosting bets on rising soft commodity prices, bringing to an end their longest bullish streak in nine years, even as they accelerated their pace of selling in grains too. Managed money, a proxy for […]
Greenlight Re Posts Fifth Loss in Six Quarters on Investing
(Bloomberg) Greenlight Capital Re Ltd., the reinsurer that counts on hedge fund manager David Einhorn to oversee investments, posted its fifth loss in six quarters as the portfolio slumped. The second-quarter net loss widened to $63 million, or $1.69 a […]
Hedge Funds Invest in Emerging Markets in Record Numbers
(CNBC) Hedge funds needed a profitable trade, and they just may have found it. Managers in the nearly $3 trillion industry love emerging markets, a group that had been lagging well behind other areas but recently has shown strong returns. […]
Hedge Funds Turn Ultra-Bearish on Crude and Gasoline
(Reuters) Hedge funds have turned very bearish towards both crude and refined products over the last two months amid signs of an oversupply of gasoline. Hedge funds and other money managers added the equivalent of 56 million barrels of extra […]
Aussie Declines as RBA Rate Cut Wrong-Foots Bullish Hedge Funds
(Bloomberg) Australia’s dollar fell after the central bank cut interest rates to a record, wrong-footing hedge funds betting on the currency’s strength. The Aussie weakened against its 16 major peers after Reserve Bank of Australia Governor Glenn Stevens and his […]
Hedge Funds Raise Bearish Pound Bets to Record Before BOE
(Bloomberg) Hedge funds and other large speculators have boosted their bearish bets against the pound to the most since records began in 1992, according to U.S. Commodity Futures Trading Commission data. A U.K. report Monday suggested they may be right. […]
Fake Hedge Fund Manager Gets Seven Very Real Years In Prison
(Dealbreaker) Rosalind Herman’s got a lot of time to think about the division of labor between her and her erstwhile partner, Gregg Caplitz, who received half of her sentence. Seven years, to be precise, the last three-and-a-half of which she’ll […]
China Regulator Shutters 10,000 Funds
(Reuters) China’s funds regulator said on Monday it has canceled the licenses of over 10,000 funds, amid a crackdown on the country’s poorly regulated fund management sector, which has been dogged by runaway managers and misappropriation of investments. The move […]
AIMA: Global Private Credit Market Booming
(Fin Alternatives) The global market for alternative private financing for small- and medium-sized businesses is flourishing, according to a new report published by the AIMA’s Alternative Credit Council and consulting firm Deloitte, with institutional capital supporting private lending activities around […]
SkyBridge Opens London Office, Hires KIO’s Alquraini
(Fin Alternatives) Anthony Scaramucci’s SkyBridge Capital has opened a new office in London and brought aboard former Kuwait sovereign wealth executive Hesham Alquraini to lead it. To read this article: